In a groundbreaking move that bridges the realms of gaming and blockchain technology, Oasys, a specialized blockchain platform for the gaming industry, has forged a strategic partnership with GroundX, a subsidiary of South Korea's tech giant, Kakao. This alliance signifies a momentous milestone as Oasys lends its support to the Klip Software Development Kit (SDK), a digital asset wallet developed by GroundX.
Klip, introduced in 2020, has swiftly gained popularity as a user-friendly digital asset wallet integrated within the KakaoTalk messenger application. With an extensive user base exceeding two million and an impressive 90% market share in South Korea, Klip simplifies cryptocurrency storage and transactions by enabling users to effortlessly sign in with their Kakao accounts. This accessibility has rendered it an attractive choice for both cryptocurrency veterans and newcomers.
Expanding Possibilities through Strategic Collaboration Oasys' endorsement of the Klip SDK aims to strengthen its presence in the South Korean market while providing game developers with an entry point to incorporate Klip into their gaming platforms. This integration, in turn, grants them access to Klip's expansive user base, positioning it as a powerful tool to engage with South Korean gamers and cryptocurrency enthusiasts.
Dominic Jang, Head of Business Development at Oasys, expressed his views on this partnership, stating, "We believe that working with GroundX, which is at the forefront of the Kakao Group's blockchain business and has accumulated a lot of expertise in the blockchain field, will create strong synergies with the Oasys ecosystem. The provision of the Klip Wallet SDK will be a valuable addition to the infrastructure that makes it easier for our partners to operate their games on Oasys. In addition, through our participation in GRID, we will strengthen our network with leading companies based in Korea."
Dominic Jang's reference to GRID is significant, indicating Oasys' involvement in a Web3 and NFT project consortium comprising over 130 companies in Korea and beyond. Furthermore, GRID offers support to member entities looking to launch NFT projects and maintains close ties with GroundX, underscoring the spirit of collaboration that underpins the innovative potential of this partnership.
Taekeun Kim, Head of Business at GroundX, echoed the excitement surrounding the collaboration, saying, "We believe the partnership with Oasys will be a catalyst for GroundX to go global by expanding the number of Klip users with the provision of the Klip-embedded SDK. We look forward to securing global gaming partners and working with each other to promote the wallet and NFTs."
This partnership marks just the beginning of the Oasys and Klip collaboration. Klip intends to integrate Oasys into its platform, further solidifying the synergy between the two entities. Additionally, GroundX is a partner in the Hackathon co-hosted by Oasys and XPLA during Korea Blockchain Week, emphasizing their dedication to innovation and collaboration within the blockchain space. Furthermore, Korean companies participating in the GroundX ecosystem will have the opportunity to leverage Oasys by adopting the Oasys chain, expanding Oasys' reach within the Korean blockchain landscape.
Shaping the Future of Gaming and Blockchain Oasys stands as a pioneering game development platform built on blockchain technology. It offers a highly adaptable Layer-1 hub and a dedicated Layer-2 solution, harnessing Ethereum's Layer-2 scaling technology. Within this ecosystem, game developers gain access to a robust blockchain infrastructure that ensures both security and scalability, enabling the creation of more efficient, secure, and interoperable games.
Notably, Oasys boasts prominent validators from the gaming and Web3 sectors, including SEGA, Ubisoft, and Yield Guild Games, who have taken on initial validator roles on the Proof-of-Stake (PoS) blockchain. With its highly skilled team and influential gaming partners, Oasys is catalyzing a transformative wave across the gaming industry.
GroundX, an affiliate of Kakao, South Korea's largest mobile platform, plays a significant role in the blockchain technology and services landscape. It has achieved notable milestones, including the development of the Klaytn public blockchain platform, the creation of the Klip cryptocurrency wallet, and the NFT distribution service known as Klip Drops. As a prominent global NFT company, GroundX has laid the foundation for a creator-driven economy that encourages collaboration with artists, contributing to the growth of a vibrant culture where digital art is accessible to all.
In summary, the partnership between Oasys and GroundX transcends the boundaries of the gaming and blockchain industries, promising a future where innovation, collaboration, and accessibility converge to create a dynamic